142 N Grand AveNogalesAZ85621
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 142 N Grand Ave, Nogales, AZ, 85621 in Nogales fits: $899,999, 2.29% gross yield, and a projected 5% annual appreciation rate adding $248,653 in value within five years. Rental yield 2.29%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.42) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $8,289/yr in principal paydown and $248,653 in appreciation project a total return of $108,168.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 8.0% |
| Monthly Cash Flow | $(3,605) | $1,200 |
City averages based on Nogales market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,715 |
| Total Monthly Debt Service | $4,962 |
| DSCR Ratio | 0.35x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1905
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85621, Nogales, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,765 (100%) |
| Owner Occupied HU | 4,418 (50.4%) |
| Renter Occupied HU | 3,633 (41.4%) |
| Vacant Housing Units | 714 ( 8.1%) |
| Median Home Value | $206,911 |
| Average Home Value | $269,000 |
Housing Distribution
Address Breakdown
Residential
7,510
Single Family
7,194
Multi-Family
316
Businesses
1,061
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1905
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85621, Nogales, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,765 (100%) |
| Owner Occupied HU | 4,418 (50.4%) |
| Renter Occupied HU | 3,633 (41.4%) |
| Vacant Housing Units | 714 ( 8.1%) |
| Median Home Value | $206,911 |
| Average Home Value | $269,000 |
Housing Distribution
Address Breakdown
Residential
7,510
Single Family
7,194
Multi-Family
316
Businesses
1,061
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices